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Search Results 0 to 49 of about 54 (some duplicates have been removed)
FOX Business
Sep 27, 2012 3:00pm EDT
national laboratories have produced incredible new technologies in defense and non-defense. you have a mature technology and you say they deserve a million dollars, that is not the role of government in my view providing tax breaks and incentives but to give them money, that is not the right answer. liz: the administration on both sides of the aisle have gone heavy into every mature industry year after year after year. at some point should we be in an effort to bring down the national debt looking at those? >> of it were up to me, i would get rid of them tomorrow. the one i disliked the most was ethanol. so yes, i think the oil industry, gasoline industry is doing pretty well. so i wouldn't subsidize it. liz: at all? >> no, of course not. why should we? are they hurting? liz: not at all. >> overtime if they do it right it can make energy oil independent. liz: an annual low rate from the previous 1.7%. from your perspective, what do we need to do to figure out this problem of growth? >> first of all, why is it they always have to revise lower? we need to, in my view, the burden the sm
FOX Business
Oct 2, 2012 5:00pm EDT
massive defense industry layoffs are many looking, the white house looking for political cover and taxpayers could pay for the a tax shelter. we'll explain coming up after the break. ♪ . ♪ . melissa: so when it comes to unemployment benefits shouldn't there be a salary cap who is entitled to collect? a new report from the congressional research service finds thousands of millionaires collected unemployment checks during the recession. nearly one million households earning more than 100 grand a year did as well. some in congress want to cut them off. i say, they paid for it. but here to disagree with me is senior policy analyst at the heritage foundation, james sherk. james, thanks so much for joining us. make your argument. why do you think we should cut these folks off? >> the unemployment insurance system is designed as an insurance system but the premiums only cover six months of benefits. during the recession the congress extended the benefits up to two years. now year-and-a-half worth of benefits. but workers are still only paying premiums that cover six months of bene
FOX Business
Oct 1, 2012 3:00pm EDT
of the fourth quarter. then the fed chairman started speaking, ben bernanke offering his best defense for pouring more fed dollars in economy, and the markets pulled back. rich edson will have more on mr. bernanke's speech coming up. and the dow is still up, 161 points, that is the biggest intraday point gain, by the way, since september the 13th financial stocks leading the dow right now including, yes, the bank of america, america express, jpmorgan all having banner days. microsoft remaining the biggest laggard after two price targets cuts from jeffrey's and rbc. we've got traders at the new york stock exchange, the cme group and the nymex. let's take a look at the cme, charlie needles, the cme. charlie, what a day? is it all on the back of the ism numbers? >> it is. you know, chi pmi came out overnight, and that showed things have stabilized there, in china. european pmi was in line, not lighting the world on fire. a little concern over the employment situation there. but if you look at the breakdown of the u.s. pmi, you kind of hit on all cylinders. the prices paid was actually a
FOX Business
Oct 2, 2012 9:20am EDT
" today. romney forced to play defense. number two, mitt romney versus mitt romney, oh, and president obama will be there, too. remember, please the economy is at stall speed. unemployment 8%, and foreign policy in the middle east unravelling, little mention in the mainstream media. listen from the obama campaign team in advance of debate campaign spokeswoman, quote, what the american people are looking for is not just a professorial list of facts or accomplishments or even goals. obama has a tendency to give long substantive answers. simply, she is saying the president too smart for the average american. here is the washington examiner's reaction to that quote. worry about obama being too professor professorial to couch-sitting beer drinkers. the polls have him ahead and bill o'reilly is here to talk about the debate and how the media will spin it. all the names at the top of the hour. bill o'reilly. and talking to college student at university of michigan as part of the job creations solutions tour, and responded to the heckler. listen to this. >> this is the-- [crowd boos] . >> usa
FOX Business
Oct 2, 2012 11:00am EDT
. [talking over each other] connell: department of defense telling lockheed martin not to be concerned about the fiscal cliff at the end of the year. rich edson at the pentagon to report on that. dagen: more problems for american airlines. when will that end? is it a labor fight? looking at the markets underrated but we don't like looking at it. so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. robert: i am robert gray. republican senator chuck grassley of iowa turning up the heat on tim geithner. charlie gasparino reports that the senator wants to know what tim geithner knew about manipulations and when he knew it. grassley is asking tim geithner if he defends not telling congress about manipulation in 2008. u.s. automakers reporting mixed septembe
FOX Business
Sep 28, 2012 6:00pm EDT
that the economy is at risk for falling off. part of that includes the deep defense cuts. so concerned about these cuts, yet we are calling for additional regulatory costs. it is like again getting back to the priorities. these are troubling times. >> we have our priorities all wrong. the defense cuts are very bad policy. secretary of defense has said is the hall of the u.s. military and heard his readiness and ability to defend our nation. that's a terrible idea. we are now finding a more and more about the sequester. the law says that if you're going to cut the defense spending and lay off workers the contractors have to give those workers 60 days' notice. that would have come before the election. conveniently department of labor says you don't have to send out those notices. today we found that the administration said that those same contractors guy if you don't send out a notice and get sued we will pay all legal costs. now the taxpayer is going to be on the hook for the compensation and legal costs because everyone will see knowing that the money is there. lori: so, with reference to th
FOX Business
Oct 2, 2012 3:00pm EDT
it will not be subject to any defense related budget cuts at the start of the year. lockheed martin coming out bullish. rich edson has the whole story live at the pentagon. don't miss it. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> i'm robert gray with your fox business brief. wall street continues to struggle with less than 30 minutes in the trading game. investors skittish of the return of the upcoming earnings season. spain's prospect for a bailout request and possible sovereign credit rating downgrade. right now the dow is off 46 points, the nasdaq now slightly higher. liberty media will soon find out how its takeover bid for serious ex-im is being received. the federal communications commission has set a november 1st deadline for
FOX Business
Oct 2, 2012 1:00pm EDT
assured by the department of defense that they will not be subject to any major cuts. what's going on? tracy byrnes and ashley webster have the story next on fox business. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell youdoctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathing. today, we're ready for whatever swims our
FOX Business
Sep 24, 2012 8:00pm EDT
. neil: he seems on defense about his wealth, and he gave a third of his income to charity, i learned you can't win a campaign on defense. >> i would agree. you have to really be a deep advocate of individual rights, free market, and justice, if you produce a lot, you deserve a lot. you may choose, admit has done to give it away, you should be brought of that too -- proud of that too that kind of passion is what is missing. and obama has some passion. and people get that, and i think that is a very important form of communications, sometimes more important than words. neil: absolute please. you are right. john ellison, former ceo in washington good seeing you again. >> thank you, neil. neil: loans still going out even after a half a billion solyndra bucks fizzle out. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's p
FOX Business
Sep 30, 2012 1:30am EDT
and is necessary to prevent us from-- >> so you're worried and he's the only guy in the line of defense? >> you think there's somebody else? >> and mr. payne? is charlie going to bank on-- >> i'm sorry, i'm on to mr. payne. >> the ceo's-- the problem and they point specifically to the administration and listen, if you think this first, this war on success, this war on business is bad right now, a second term in my mind will be devastating because i sincerely believe the administration is going to have after profits generated overseas before they're brought back and reach over and take those profits and put them into infrastructure bank and i think there notion of taxing and the notion that the publicly traded companies that their property belongs to the public domain, of course the ceo's, every one of them have to be frightened. you've got 38 jars out there. the epa running amok. the national labor relations board. of course they're afraid. did you see the economic data this week? and the manufacturing contract, and. >> i think the confident report has a lot-- >> no, i think that they're being
FOX Business
Sep 24, 2012 10:00pm EDT
on 60 minutes ? >> i think that romney did, president obama looking defensive. and when he looks defensive he is not obama 2008. >> i do not agree, i think that own ebobama swept it he was cled looked human, and took characteristic that americans like about him, his likability. lou: i thought this first two parts, the two men were responding to questions, that was a tie between the two. have you two smart knowledgeable guys, second part with issue of leadership, scott pelley, and crop, and i mean, romney was terrific, i have to tell i, obama of flat as he could be. that is the reason i give the night to romney. >> thank you, both. appreciate it. >> thank you, lou. lou: a slow weekend at the box was on the, i mean close. somebody is getting kind of tired of hollywood. and what they are putting out, overall box office receipts down 25% from the si -- same period r ago, something is going on, hollywood better figure it out, iit may have something to to wih their talk about politics, and police drama end of watch, taking top spot with $13.1 million, that is all, and horror film, hous
FOX Business
Sep 25, 2012 7:00pm EDT
the world, and is not just the middle east. people are missile defense systems out of europe to appease russians. they spend $700 billion more on defense. he has tried to appease the chinese. they are expanding their sovereignty claims a round the world. the middle east policy is crumbling around it. america needs leaders. right now the only opportunity we will have is president romney. i hope you will see that. lou: thank you for being here. >> thank you. good to be with you. lou: much more on the president's speech to the united nations general assembly straight ahead. ♪ >> president obama has the lead in almost all national polls, but his lead varies widely. why? which poll should we believe? chain in green with our report. consumer confidence sores. home prices rise. the dow jones industrials take a triple digit dice. what is behind the south of? wall street legend michael holland with the answers next. [ owner ] i need to expand to meet the needs of my growing business. but how am i going to fund it? and i have to find a way to manage my cash flow better. [ female announcer ] our
FOX Business
Oct 2, 2012 4:00pm EDT
perspectives. you are more defensive. let me get to you because you heard mark talking about if we see another big selloff we start to get nervous but until then no. why are you not nervous or at least concerned? >> we are cautious about third quarter earnings and standard deviations above the mean and nominal gdp terms we are already below levels normally associated with recessions. it is difficult to see those margins being sustainable. europe is getting worse especially the currency -- trying hard to judge the value of the currency and hitting stronger so nothing new coming out of europe but china is slower. all those things are known but i don't think the market is discounting what is going -- cheryl: we say don't fight the central bankers. >> general you don't want to fight the central bankers but i also think we are reaching a limit what you can expect monetary policy to do in terms of what it will do for the overall economy. dave: that is the point. every time the fed comes out of the new money printing scheme and there has never been in my lifetime a money printing scheme like this whi
FOX Business
Oct 2, 2012 7:00pm EDT
national defense. ashley: meanwhile the white house engaged in a series of secret talks on the attack on al qaeda. it included the possibility of unilateral military action against al qaeda in the region. yet still american diplomats on the ground in libya denied additional security to ensure their safety. we take up all this right here tonight, we have retired lieutenant colonel, and also, moody's chief economist on why wall street might not care who wins this election. america's security and the obama administration's handling of foreign affairs quickly becoming one of the top issues with 35 days to the election. and one day before the very first presidential debate. as the white house continues to stonewall cracks in the deadly september 11 attacks in libya continued to emerge. fox news correspondent has more in our report. >> how secure was the u.s. consulate in benghazi before the attacks on 9/11? top republicans on the house oversight committee in a letter to secretary of state hillary clinton shows the security was unstable and unraveling and plead for help rejected. santa made repea
FOX Business
Oct 1, 2012 11:00am EDT
perot issuing that dire warning. we're going to fact check it. tracy: in defense of the fed's latest easing, ben bernanke making his case, our rich edson is standing by live with bernanke in indianapolis. >> and we are blowing the lid off what a producer here is calling a pork-alypse. why last week's warning of a global bacon shortage is now being called hogwash. tracy: it was scary at the moment. now let's go to nicole petallides at the new york stock exchange. we have quite a rally. nicole: so far so good. the bulls out on wall street say hey i will take it. the dow jones industrials are up more than 1%. we have seen all the dow components 29 of the 30 in the green with the exception of microsoft. cisco hovering around the unchanged line. for the most part all have up arrows. less worries about europe, certainly one thing we have noticed. also the ism number coming in and that showed expansion rather than three months of contraction for u.s. manufacturing. so that was good news there. let's take a look here at goldman sachs. when you are looking at goldman sachs, it is interesting
FOX Business
Sep 26, 2012 7:00pm EDT
killed in libya, he did not even name the two seals who stood up running to the defense of the ambassador who was assassinated and it has taken two weeks to make knowledge it is terror. >> he is not it knowledge that. i think he dishonors their memory or sacrifice by not being honest. >> have been we've been here before? how many years later he is on the white house lawn well bill clinton is in their with monaco wednesday? >> he gets the nobel peace prize. >> so did obama's. >> pre-emptively. >> it must been with the work with israel and the palestinians. >> winnow at a point* where the middle east peace process seems blocked. if obama it is reelected because of the evidence of the romney campaign where do rego after november 6th? >> the accompaniment of constituencies throughout the country who find it too easy for those leaders. >> governor romney has your compelling rhetoric. >> either we have a choice or we will not. you have 41-- to figure out. >> is the governor talk thing about that? i don't think so. >> what would president reagan to? we will come back with the right answer. hey!
FOX Business
Sep 27, 2012 8:00pm EDT
national defense and highways, and things like that everybody should pay something. you notice governor kaine, running down there for senate, former governor kaine, he said he would look at a tax proposal where everyone at least pays something. i think there is a -- i think that is a very american sentiment we all contribute. i came from a family with 9 kids, and we all put together to buy something for parents, i think that has real appeal, once you get in to specifics, you got problems. neil: you know, interesting in this, is that, even though romney caught hell for his 47% comments, accord toth poll, pat, 63%, think that substance of his comment about dependence on government is somewhat true. he is right. what do you make of that? >> you know something, 1935, fdr in his state of the union, said this relief, that is welfare is a narcotic, a subtle destroyer of the human shar hume must and shall get out of this business of welfare or relief, he is right, they did get out of it everyone agrees, if you have somebody that is down and got a rile problem, we all get together and help them
FOX Business
Sep 28, 2012 7:00pm EDT
public. defense secretary, leon panetta, secretary of state hillary clinton now conceding it was an act of terror. still no word, no correction from the man who steered the false narrative, president obama himself. we take up all of this here tonight with the republican strategist who served in the bush white house, and also, negative economic reports having little effect on the market today. lou joins us as does the head of the catholic league, bill donohue on where the obama administration funds anti-christian art, if you can call it art, and the fight with planned parenthood. we begin with the obama administration still trying to put forward a narrative that matches facts. terrorism is a foreign word for this administration whose lack of transparency is further qomp kateed by a complete lack of security in the consulate in an unstable, violent, muslim nation. we have the latest in this live report. katherine? >> well, thank you, lou. associate for the director of national intelligence issued a statement that seemed to give cover to the administration while at the same time acknowledg
FOX Business
Oct 2, 2012 6:00pm EDT
this week that lockheed martin is telling us that there will be no budget cuts, that is defense cuts coming. how does the obama administration have the authority to say sequestration is not going to happen? >> that is a very good question, and they do have the authority. but i will tell you that this does prove one thing. the administration will do anything to win this election. that is, they will do anything except effectively govern. we have had an opportunity for months now to avoid sequestration. the house of representatives has passed a bill to postpone sequestration and the senate has just ignored those efforts and done absolutely nothing. you have to ask yourself at the end of the day, here is what the labor department said. i want to get your response to it. this is about questions and requiring federal contracts whose contracts may be reduced in the event of sequestration. the answer to this question is no. in fact, it would be inconsistent with the purpose of the one. true or false, sir? >> well, it is very political. you are right. >> senator, do you think the labor department is
FOX Business
Sep 25, 2012 11:00am EDT
increased their defense spending by 15%. and today they actually unveiled officially their first ever aircraft carrier, actually purchased from the russians and then refurbished by china. it is important because china because of this reach there are problems now with -- water gun attacks in the last days and as well as disputed islands with japan, both sending ships with the chinese and japanese. cause for a lot of concern. a lot of people who are experts in the region say china is the force to be reckoned with. >> it is the big game in town, you have other countries, japan, taiwan, vietnam, southeast asian countries, etc., they tend to be reacting to what the chinese are doing. >> and the americans are reacting also. in fact, secretary clinton was recently in the cook islands, a lot of islands that haven't been talked about since world war ii are now once again becoming major pawns. the u.s. says they are doing a pivot. they are putting now a majority of the ships here in the pacific as well. we know 15,000 marines that have come out of afghanistan are now in the philippines, countri
FOX Business
Sep 26, 2012 11:00am EDT
. the defense minister pointed out we have best relations between israel and united states of the securities we have ever had. we have operation iron dome which allows the folks in israel to be protected from these rockets. i think it is one of those things that it is election year thing. connell: but the week of the u.n. general assembly, you don't think that's a fair political criticism from the other side? say hey listen, there's a lot going on here in the world, you should have sat down with them, you don't think that's fair? >> i don't think it's fair. he keeps good communications with the rest of the world. our relations with the rest of the world have been better than a long time. when i travel, people were very very pleased with what the administration was doing. they respect the president. look, we're in the last what 40 some days of a presidential campaign. that's the high priority. connell: let's talk about that a little bit before we let you go. the republicans would say look at the unemployment rate under president obama how it's stayed above 8%, this is quote unquote our year, we
FOX Business
Sep 27, 2012 9:20am EDT
? manager, ed butowsky. . stuart: the company that makes the blackhawk helicopter cutting 570 jobs. defense companies like sekorski make more in anticipation of more defense spending cuts after the first of the year. sekorski down 570 jobs. mitt romney avoided much of -- a lot of taxation when he set up a trust to give millions to his grandchildren. perfectly legal way to take care of his heirs, he's criticized for it. ed butowsky with chapwood investments. what did he do, did he avoid tax or minimize tax? >> he took advantage of exactly what the tax code was, he didn't avoid it, he delayed it. it's important for people to understand. a lot of tax planning goes into when you're a wealthy individual and we applaud he took money-- excuse me took stock and low cost basis into a trust. a republican or democrat you can do that. what he did at that point no money was taxed at all on that, on those assets. in this case double click stock, it went up. and about this, normally when you have a trust, the trust will pay the tax. in this case he set up grantor trust which means he's paying the taxes on
FOX Business
Sep 27, 2012 11:00am EDT
.s. appeals court in new york is considering the constitutionality of the defensive marriage act, federal law restricting the recognition of same-sex unions and has been part of legalizing gay marriage. a ruling not expected for months. how about this, investigators checking out soil samples from beneath a suburban driveway as part of the search for jimmy hoffa. may have witnessed the burial 35 years ago. he disappeared in 1975, his body has never been found. if they find him, we will let you know. back to tracy. tracy: the story that will never die. >> take care. tracy: more bad news for the economy. second-quarter gdp revised downward. the worst decline since january 2009. joining us now. this is frustrating for those of us sitting here at home because we have qe-infinity going on and we have no change in economic data. >> revised second-quarter at 1.7%. we take a look at what happened, less business inventory, less consumer spending. i want to highlight the inventory really quick because businesses don't want to ramp up production because there's no clarity of direction. what is happening
FOX Business
Sep 28, 2012 9:20am EDT
the united states can become more independent. that is the first -- defense spending. stuart: i have health care. you say health care will do well in the event of a romney win. explain that. >> specific companies and the health-care field especially medical device companies that create the most high end products which are expensive but raise the quality of our health care system those types of companies will benefit. during the affordable care act when it was drafted we added 2.3% tax on those companies so that tax might be repealed or reform. more ingenuity of type companies. stuart: that was a tax -- [talking over each other] stuart: 2.3%. if it goes away than that particular group biotech does well. >> under the current system is difficult to pass these types of costs to the end consumer. high end medical equipment. stuart: turn this around. suppose president obama gets a second term. industry winner. which is it? >> low-cost retailers. and dray romney presidency we are most likely to have a tax reform which will include value-added tax and the low-cost retailers are extremely tax sensit
FOX Business
Sep 28, 2012 1:00pm EDT
of the companies particularly defense companies, start sending out notices to their employees and to about plant closing and layoffs. if that happens we think there will be a lot of chatter, a lot of back and forth. that could create some jitters. but for right now, we don't see it, and i will point out that we've had the debt ceiling increased without political rancor that we're used to or maybe expecting. so right now, the market is telling us that it all looks good. ashley: all looks good. hey, look through rose tinted glasses as they say. thanks so much for joining us. we appreciate it. >> thank you, ashley. ashley: thank you. tracy: well, f stock members which is the financial stability oversight council, i think we ask rich edson about that, they will discuss a number of topics on domestic and global markets and voted approval on the 2013 budget. rich edson has more on that. am i right about that? >> you're right. we have the acronym. we have a lot of acronym tests here in washington. analysts expected the nation's top regulators to decide and reveal which large non-bank financial companie
FOX Business
Sep 28, 2012 5:00pm EDT
on betting on chicago public schools. melissa: in their defense the chicago public schools put out a statement saying over the past year we cut more than half a billion dollars all outside the classroom. we know this isn't enough to undo years of revenue losses as misplaced priorities. they say, they go on to say, say that like it is has been somebody else who spent all of this money and here they are the ones that are currently agreed to this tax hike, to this pay hike in order to end the strike. >> yeah. mayor rahm emanuel agreed to a contract he knew that the city could not afford. it is pretty clear there will be some blunt instruments used to try to cut costs. we're talking about a significant number of school closing. big layoffs. neither of which is good for chicago and chicago kids. but when you agree to contracts that you can not begin to afford, there are going to be consequences. melissa: what do you think is the lesson that other school districts around the country take away from this? do you think other teachers see this and say, you know, those teachers were tough. th
FOX Business
Oct 1, 2012 4:00pm EDT
, a big defense for qe3 and the monetary policy has been pursuing this in response to the fox business network. the u.s. is not in a recession now. he's worried about stagnation, not monetizing the debt. he says they'll sell asset off, and they expect to keep policy like this, monetary policy like this even after a considerable improvement in the markets. he also talked about savers. you have money in savingsing thes, getting little, really, in return. >> the best and most comprehensive solution it -- is to find ways to get a stronger economy. only a strong economy can create higher asset values at sustainably good returns for savers. without a job, people won't be able to buy a home or pay for an education ire irrespective of te current level of interest rates. >> saying the federal reserve is watching inflation, has the tools to combat it. he says it's not an issue right now. he also discussed milton friedman saying ben bernanke is a fan of mil torks saying freedman would have supported the feds aggressiveness and targeting of liquidity. he said back in 2009, the reason he believes t
FOX Business
Oct 1, 2012 6:00pm EDT
or people who were trying to get insurance, i think he's right. there's a certain defensiveness is true in the "wall street journal" piece. specifics, anecdotes, fax, those are crucial. gerri: rodney knows these people his a baez's have met these people. he meets with real people when he travels around the country, people who are afraid of losing their jobs, have lost their jobs. he has actually seen the suspect. he is just not been able to put it into a human form. gerri: we have a long way to go. the debate is coming up. want to know what you think about it. thank you for coming in tonight. appreciate your time. >> thanks. gerri: make sure you catch the coverage of the first presidential debate in denver hosted by neil cavuto this wednesday starting at 8:00 p.m. eastern time. also happening today in case you missed it, stocks ended higher following a strikingly strong increase in manufacturing last month. the dow rose 78 points. it has been up 161 points, but it gave of that up after a speech this afternoon by the federal reserve chairman. a lot more on the rally on wall street throug
FOX Business
Oct 1, 2012 8:00pm EDT
house down to the department of defense, to did other of governmental agencies, they know what they are doing when it comes to e-mail, and how to deal with computer sim, we're finding out, they don't know, as much as they should, so everyone opportunity, -- every opportunity that hackers have to find someone they could infiltrate get them to open an e-mail and download a meleshous payload is all you need to prevent, and start an attack, and preventing it is difficult. neil: why are the chinese so blunt about it, in a thousand u.s. corporation, it is to say nothing of repeated government attacks, it is as if they set up shop at a starbucks, and doing it in broad daylight, and they are not even denying it you know, what do we do about that? >> chinese government has been open about the fact they hire young students, they train them to do hacking. they train them to go into the computer sim, and decide -- system and decide how u.s. and rest of the world does their cyber business, go in, get this information and take it for their own use. neil: where do you see this going to michae
FOX Business
Sep 25, 2012 4:00pm EDT
defensive medicine which is extremely costly. david: a lot of these things are keeping a lot of doctors out of practice. some people are pulling in their shingles. they're leaving practice entirely. a lot of people who might have thought about many billioning doctors are not becoming doctors. we have a terrible shortage. look at this, $130,000 short by 2015. that is only couple years away. >> i think illustrates, about 125,000 short by 2025. david: still think, we're having 30 million more people insured. we will need more doctors, not less. >> couldn't agree more. 10 million people a year, 10 million people a day are going on to medicare or 10,000 people a day going on to medicare. just to your point. we'll need more doctors. they're already a problem for medicare patients to find doctors to take care of them. we should support doctor training. making sure we have as many people out there as possible. one thing i would say, surprisingly, perhaps, there are still tremendous number of outstanding young people who want to come into medicine. very ideal listic. i'm enthused about that. david:
Search Results 0 to 49 of about 54 (some duplicates have been removed)